Apartment Association Of Southern Colorado Inc

Organization Overview

Apartment Association Of Southern Colorado Inc is located in Colorado Springs, CO. The organization was established in 1971. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2022, Apartment Association Of Southern Colorado Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Apartment Association Of Southern Colorado Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.

For the year ending 06/2022, Apartment Association Of Southern Colorado Inc generated $832.4k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.7% each year. All expenses for the organization totaled $760.7k during the year ending 06/2022. While expenses have increased by 5.4% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

NONPROFIT TRADE ASSOCIATION SERVING TO EDUCATE AND ADVOCATE FOR THE RENTAL HOUSING INDUSTRY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDES MEMBERS ACCESS TO INFORMATION AND EDUCATION RELATED TO THEIR INDUSTRY


MEMBERSHIP SERVICES


GOVERNMENT AFFAIRS


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Board, Officers & Key Employees

Name (title)Compensation
Kerry Egelston
President
$0
Dana Lowry
Past Preside
$0
Toni Moyes
President El
$0
Cathleen Welch
Treasurer
$0
Michael Malone
Secretary
$0
Lara Cartagena
Supplier Cou
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$625,588
Investment income $1,879
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $137,058
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $67,890
Miscellaneous Revenue$0
Total Revenue $832,415

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